New Mountain Finance Co. 8.250% Notes due 2028 (NMFCZ) to Issue Quarterly Dividend of $0.52 on February 17th

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Friday, January 30th will be given a dividend of 0.5156 per share on Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Friday, January 30th.

New Mountain Finance Co. 8.250% Notes due 2028 Price Performance

Shares of NMFCZ stock remained flat at $25.53 during trading hours on Wednesday. 669 shares of the stock traded hands, compared to its average volume of 8,059. The stock has a 50-day simple moving average of $25.37 and a 200 day simple moving average of $25.39. New Mountain Finance Co. 8.250% Notes due 2028 has a fifty-two week low of $25.01 and a fifty-two week high of $25.88.

New Mountain Finance Co 8.250% Notes due 2028 (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.

New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance.